Building a little space at /thenextwave and watching everything on /videolab.

ok time for an experiment!

i wrote a smart contract (linked below) that grants the winner of this cast's auction access to all of the assets in it, kinda like a treasure chest

i'm seeding it with ~$50 of ETH, and anybody can contribute if you want to sweeten the treasure

let the bidding begin ✨

Bid is already $92 to win $58.

No wonder no one gets crypto.

https://farcaster.xyz/kpx/0x598e7559

It’s actually around $89 with wowow and usdc 

10 hours to go

"d/acc"
An ex-banker fell into ethereum rabbithole.
Economics was love until I met web3.

  /f /kp /fbi

Reminds me of this

https://en.wikipedia.org/wiki/Dollar_auction

Aviator, diver, Etherean, nexialist, PhD in aviation and climate science, host of /diving /ethfinance /forteantimes /geopolitics /science /singapore /thomas

This is interesting. Thanks for sharing. 
Only difference in @greg’s experiment is that lower bidders are getting back their money. But it’s still following the dollar auction pattern

I like baking /goodbread and building apps on web3 protocols. DevRel @ ENS Labs

mini app to track everything and for the winner to withdraw their assets https://farcaster-collectible-treasure.pages.dev/

Bid is $113 now. Amazing how bid and reward chasing each other. 
Beautiful experiment bro

$90 in the treasure chest now! https://farcaster.xyz/greg/0x1f9d71ca